Market Overview

Xcel Energy Joins Industry Sustainability Reporting Effort

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Xcel Energy is on track to achieve one of the most ambitious carbon
reductions goals in the industry, and the company has documented its
progress in a
new reporting tool
that provides more uniform sustainability metrics
for the industry.

To better meet the needs of the financial sector, Xcel Energy worked
with the Edison Electric Institute and other stakeholders on an
initiative that expands the release of the company's annual
environmental, social, governance (ESG) and sustainability-related
information. The new report, which is consistent across the industry,
demonstrates the company's clean energy progress.

"We're a clean energy leader that has reduced carbon emissions 35
percent since 2005, and we're on track to achieve 60 percent reduction
or more by 2030," said Ben Fowke, chairman, president and CEO, Xcel
Energy. "Measuring and reporting progress is essential to reaching our
clean energy goals. Supporting this initiative to provide more
consistent reporting across the industry demonstrates our commitment to
transparency in meeting the information needs of our stakeholders."

The new template is in addition to Xcel Energy's comprehensive corporate
reporting, which includes the company's annual
report
, proxy
and corporate
responsibility report
.

"The electric power industry is leading the way to a clean energy
future, having reduced carbon dioxide emissions nearly 27 percent below
2005 levels as of the end of 2017," said EEI President Tom Kuhn. "The
template will enable our industry to take its reporting to another level
and present its ESG and sustainability-related efforts in a more
consistent manner that is favored by investors."

Over the past two years, Xcel Energy and EEI-led stakeholder working
groups developed the EEI ESG/sustainability template. It provides
information in a measurable and consistent format for investors and
customers to accurately assess the long-term ESG/sustainability
progression toward a clean energy future.

More information about the project is available on EEI's
website
.

About Xcel Energy
Xcel Energy (NASDAQ:XEL) provides the
energy that powers millions of homes and businesses across eight Western
and Midwestern states. Headquartered in Minneapolis, the company is an
industry leader in responsibly reducing carbon emissions and producing
and delivering clean energy solutions from a variety of renewable
sources at competitive prices. For more information, visit xcelenergy.com
or follow us on Twitter
and Facebook.

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